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Ir <br />the Paying Agent on each interest payment date to the person <br />appearing on the registration books of the Registrar hereinafter <br />provided for as of the date fifteen (15) days prior to each <br />interest payment date, as the registered Owner thereof, by check or <br />draft mailed to such registered Owner at his address as it appears <br />on such registration books. Payment of the principal of all Bonds <br />shall be made upon the presentation and surrender of such Bonds at <br />the principal corporate trust office of the Registrar as the same <br />shall become due and payable. <br />Notwithstanding any other provisions of this Section, the <br />County may, at its option, prior to the date of issuance of the <br />Bonds, elect to use an immobilization system or pure book -entry <br />system with respect to issuance of such Bonds, provided adequate <br />records will be kept with respect to the ownership of such obliga- <br />tions issued in book -entry form or the beneficial ownership of <br />Bonds issued in the name of a nominee. As long as any Bonds are <br />outstanding in book -entry form, the provisions of this Resolution <br />in conflict with such system of registration shall not be appli- <br />cable to such obligations. The provisions of such system of book - <br />entry -only registration shall be set forth in a subsequent resolu- <br />tion of the County adopted at or prior to the sale of the Bonds. <br />SECTION 6. EXECUTION OF BONDS. The Bonds shall be manually <br />signed by, or bear the facsimile signature of the Chairman of the <br />County Commission and shall be manually signed by, or bear the <br />facsimile signature of, the County Clerk and a facsimile of the <br />official seal of the County shall be imprinted on the Bonds. <br />7 <br />